LPS Releases Mortgage Monitor Report; Delinquencies Growing
March 3, 2011 (Shirley Allen) Lender Processing Services (LPS) released its January Mortgage Monitor Report which shows that while foreclosure starts decreased in the first month of 2011, they still outnumber foreclosure sales by almost three to one. At the end of January, foreclosure inventories stood at more than eight times historical averages. Read more...